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4 August, 11:26

Jean-Baptiste Colbert was the Minister of Finance under King Louis XIV of France. He famously observed, ""The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing."" How does his comment relate to special interests and the collective-action problem?

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  1. 4 August, 12:24
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    Based on the information provided within the question it can be said that this comment relates to special interests and the collective-action problem because a smaller group of individuals will be more active towards looking for significant group gains as opposed to a larger group who faces small losses at the individual level.
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